Economy Trump's April 2nd Tariffs

[Gas121]

Holy fuck it’s falling another 4% today. It would be even worse if it wasnt for the speculators. I know some people who are still in denial about all that shit and tought makets would at least correct some of yesterday losses. Bad time to even be a fucking speculator... and there are 4 more years of this

Well yep, Fuck Trump and Americans for destroying investors portfolios. It’s back to work for many next week after seeing retirement destroyed in a few weeks. Lunacy

 

[HockeyBjj]

Guys, are you gonna tell him or should I?

What? The boomers will collect. (they already started collecting at 66 and 62). It us that will have the short end of the stick unless they remove the ridiculous 176k cap on the tax.

 

[Revolver]

“Trump is good for business.”

 

[Fedor>Cain]

“Trump is good for business.”

"Hold my beer"

-April 4, 2025

 

[shunyata]

What? The boomers will collect. (they already started collecting at 66 and 62). It us that will have the short end of the stick unless they remove the ridiculous 176k cap on the tax.

At this point I think it would be unwise to underestimate the ability of Trump and Elon to totally ruin social security rapidly.

 

[44nutman]

Here is the crazy part. JPow was getting ready to land the plane with a soft landing, then his old man copilot gets replaced with a dumb old man who garbs the controls and starts doing loop to loops with the plane.
I can not put it any more plainly never take economic advice from a dude who can not even make money with a fucking casino. The only thing Trump has made money at is Real Estate and scamming his Rube base.
Btw Rubes Trump has decided to sell his Truth Social stock.

 

[rearnakedchoke]

“Trump is good for business.”

Trust the guy who has filed for bankruptcy multiple times.

 

[Fedor>Cain]

At this point I think it would be unwise to underestimate the ability of Trump and Elon to totally ruin social security rapidly.

At this rate, the casual Trump supporters that voted for Trump because of the economy will be the ones that riot lol

 

[NickNick]

“Trump is good for business.”

At least in 2020 he could blame COVID. This time it's 100% caused by him.

 

[Substance Abuse]

 

[aerius]

Here is the crazy part. JPow was getting ready to land the plane with a soft landing, then his old man copilot gets replaced with a dumb old man who garbs the controls and starts doing loop to loops with the plane.
I can not put it any more plainly never take economic advice from a dude who can not even make money with a fucking casino. The only thing Trump has made money at is Real Estate and scamming his Rube base.
Btw Rubes Trump has decided to sell his Truth Social stock.

There was never a chance in hell of a soft landing. He might've been able to keep the bubble going a bit longer, but that's it, the entire market was well overdue for a collapse sometime during this term. All Trump did was move the crash date up a bit.

Also, I told you so.

Economy Post in thread 'Stocks thread v28: in loving memory of Rob Mafia and Brackis1'

Oct 23, 2024

Aren't we due for a correction regardless of who gets elected?

We're long overdue, but as the saying goes, markets can remain irrational longer than you can remain solvent.
Gamble if you want, just don't cry too much when the bottom falls out unexpectedly and all you're left with is a shit sandwich.

• aerius

• 

 

[HockeyBjj]

At this point I think it would be unwise to underestimate the ability of Trump and Elon to totally ruin social security rapidly.

I think the class collecting it will be fine. They can’t lose the old people who still watch Fox News as a voter bloc.

Gonna get raised to 70 for anyone under 55, and 75+ by the time millennials are nearing retirement with no option to have it early even at a reduced number

 

[HockeyBjj]

At this point I think it would be unwise to underestimate the ability of Trump and Elon to totally ruin social security rapidly.

I think the class collecting it will be fine. They can’t lose the old people who still watch Fox News as a voter bloc.

Gonna get raised to 70 for anyone under 55, and 75+ by the time millennials are nearing retirement with no option to have it early even at a reduced

 

[syct23]

My mother in law is a hardcore MAGAt

She's about to be forced into early retirement because of blood clots

She's also a college professor

Man...how do you fix these fucking morons?

You fix it with blood clots…

 

[Gas121]

There was never a chance in hell of a soft landing. He might've been able to keep the bubble going a bit longer, but that's it, the entire market was well overdue for a collapse sometime during this term. All Trump did was move the crash date up a bit.

Also, I told you so.

Economy Post in thread 'Stocks thread v28: in loving memory of Rob Mafia and Brackis1'

Oct 23, 2024

Aren't we due for a correction regardless of who gets elected?

We're long overdue, but as the saying goes, markets can remain irrational longer than you can remain solvent.
Gamble if you want, just don't cry too much when the bottom falls out unexpectedly and all you're left with is a shit sandwich.

• aerius

• 

Market was overpriced I agree. Donald has achieved nothing with these shenanigans though. There is ways of going about it, he acts like a child. He is a complete narcissistic moron. He has no idea about trade and tariffs, what credentials does he have? He sits on his chair tweeting nonsense. The man acts like he’s running a circus.

 

[Fedor>Cain]

“Trump is good for business.”

Dow currently sitting at a 1,430 point drop at the moment lol.

 

[aerius]

Dow currently sitting at a 1,430 point drop at the moment lol.

Might be time to put a bet on SPX 666...

 

[Voodoo_Child906]

Have the EU and Japan retaliated yet? Still more pain to come.

 

[Khaosan]

Freeeeeeeee, free fallin’.

 

[Rod1]

There was never a chance in hell of a soft landing. He might've been able to keep the bubble going a bit longer, but that's it, the entire market was well overdue for a collapse sometime during this term. All Trump did was move the crash date up a bit.

Also, I told you so.

Economy Post in thread 'Stocks thread v28: in loving memory of Rob Mafia and Brackis1'

Oct 23, 2024

Aren't we due for a correction regardless of who gets elected?

We're long overdue, but as the saying goes, markets can remain irrational longer than you can remain solvent.
Gamble if you want, just don't cry too much when the bottom falls out unexpectedly and all you're left with is a shit sandwich.

• aerius

• 

Sure man, its obviously a coincidence that it collapsed the moment he launched the trade war of the century.